How can I open a zero balance account in UAE?
Opening a zero balance account in uae is a straightforward process, especially with the increasing number of banks offering this service. To open a zero balance account in UAE, you typically need to visit the bank's branch or apply online through their website. Required documents usually include a valid passport, a residency visa, and proof of address. Some banks might also require a salary certificate if the account is to be used for salary transfers. Institutions like Emirates NBD, Mashreq, and ADCB offer zero balance accounts with benefits such as free debit cards, internet banking, and mobile banking services. This makes managing your finances convenient and cost-effective without the burden of maintaining a minimum balance.